LIC loses over ₹900 crore as IndusInd Bank share price crashes 27% to nearly 5-year low

IndusInd Bank's shares plummeted 27% due to accounting discrepancies, costing LIC over ₹900 crore. The bank's internal review indicated a 2.35% impact on net worth, leading to downgrades from several brokerages and a potential loss in Q4FY25.